Category: Healthcare Finance News

Hartford HealthCare teams with Memorial Sloan Kettering on cancer center

Connecticut-based Hartford HealthCare has collaborated with Memorial Sloan Kettering Cancer Center in New York to open a new cancer center in Fairfield, Connecticut, that’s being called the first of its kind in the area.
The 25,000-square-foot facility…

New York-Presbyterian laying off 2% of workforce

New York-Presbyterian has confirmed that it is reducing its workforce by 2%. 
“Given current macroeconomic realities and anticipated challenges ahead, we have made the difficult decision to reduce our workforce by approximately 2%,” the New York City-b…

State attorneys general sue CVS Health for alleged Medicaid overpayments

Attorneys general from Massachusetts, Connecticut, Oklahoma and Indiana have filed a lawsuit against CVS Health claiming that it submitted “false and fraudulent claims” to state Medicaid programs.
The AGs say CVS Health charged these programs higher pr…

Lawsuit claims UnitedHealth Group misled investors on finances

A new lawsuit filed against UnitedHealth Group claims the healthcare company misled investors about its financial outlook following the murder of then-CEO Brian Thompson, who in December was killed by a gunman while attending the company’s annual inves…

Cleveland Clinic partners with Regent Surgical for ambulatory surgery centers

Cleveland Clinic is partnering with Regent Surgical to combine lower ambulatory surgery center rates with the health system’s clinical expertise.

Trump administration nixes Harvard research grants

The Trump administration will no longer be providing federal research grants to Harvard University, with U.S. Secretary of Education Linda McMahon informing Harvard in a letter, which was posted to X, that grants would be halted after a “comprehensive …

Rite Aid again files for bankruptcy as it pursues a buyer

Rite Aid has filed for bankruptcy for a second time as it seeks a buyer.
Rite Aid filed for Chapter 11 in U.S. Bankruptcy Court for the District of New Jersey to pursue a sale of its prescriptions, pharmacy and front-end inventory, and other assets, th…

Bill would make violence against healthcare workers a federal crime

U.S. Senators Cindy Hyde-Smith (R-Miss.) and Angus King (I-Maine) have introduced legislation that would establish federal criminal penalties for assaulting hospital employees.

GE HealthCare gets FDA clearance for AI-powered image technology

GE HealthCare has announced that the Food and Drug Administration has granted clearance for its Aurora nuclear medicine system and Clarify DL, an AI-powered deep learning image reconstruction technology for radiation therapy.

GE HealthCare gets FDA clearance for AI-powered image technology

GE HealthCare has announced that the Food and Drug Administration has granted clearance for its Aurora nuclear medicine system and Clarify DL, an AI-powered deep learning image reconstruction technology for radiation therapy.